18d • 💎Gems
Why Your Wedding Date Might Be Costing You Seven Rental Units
The Marriage Penalty in Real Estate
Most couples combine incomes to buy one home after marriage. This burns your FHA first-time buyer eligibility on a single liability generating $0 rental income.
The Double Leverage Alternative: 8 Units vs. 1
Instead of buying together, each partner separately purchases a 4-unit property (quadplex) before marriage using FHA loans (3.5% down each).
The Math:
- Traditional Path: 1 home, 1 mortgage, $0 rental income
- Double Leverage: 8 units, 2 mortgages, 7 tenant payments, ~7% combined down payment
The Critical Requirements:
- Snapshot Check: Credit score 580+, 2-year employment history (both partners)
- The 75% Rule: Projected rental income must cover 75%+ of mortgage
- Occupancy Sacrifice: Each partner lives in their own quadplex for 12 months minimum
- Pro Tip: Use projected rental income from empty units to qualify for the loan
After Year One:
Your rental income eliminates mortgage debt from DTI calculations, enabling:
- Option A: Move in together, rent all 7 other units (maximum cash flow)
- Option B: Buy dream home with conventional loan, subsidized by 7 tenants
Bottom Line:
Return from your honeymoon with 7 tenants paying your mortgages, 2 appreciating properties, and tax benefits—not wedding debt and a single mortgage.
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Why Your Wedding Date Might Be Costing You Seven Rental Units
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